Investment Knowledge
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2025 Economic Outlook: Firing on All Cylinders
The US economy remains strong with no signs of a major slowdown going into 2025. We see interest rates staying higher for longer on…
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Expanding the Toolkit: How GP-Led Transactions Can Enhance Secondary Strategies
Innovation has helped to destigmatize GP-led transactions, establishing the practice as a mainstream liquidity management tool for GPs today…
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Portfolio Allocation Views: The Search for Risk Premia
With rates still expected to stay “higher for longer,” risk premia in public equities and public fixed income is narrow…
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Mid-Year Credit Outlook: Divergence to Persist through 2024
The buoyant demand for corporate debt that propped up primary markets this year came alongside pockets of distress in the…
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2024 Mid-Year Outlook: An Unstable Economic Equilibrium
While the Fed’s rate hikes have reined in growth, especially among over-levered consumers, corporates, and banks, the easing of financial conditions since the “Fed pivot” in December continues…
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Flexibility Is Key: Why Invest Opportunistically in Private Credit
Capital markets have, in our view, entered a new regime of higher volatility that can create attractive opportunities for investors who add flexibility to private credit portfolios. An opportunistic approach…